Machine& Equipment Sourcing is different from other commodities sourcing, it has its unique flow and characters.
China PMI is experiencing a very unstable period, at the same time, national export stays up trend with general 2.7% increase, particularly China equipment exports increased 54%, in the first 5 months of 2024.
Refer to Direct Material's Purchasing, the Equipment procurement is an important investment activity for a company's mid-long term growth.
A well-designed and implemented purchasing flow is especially worthy when the macro environment is unsure.
Here we share you the purchasing flow map and 3 important points in the process:
Future 5 years
New Equipment's Technical Parameters shall consider world technical developing, and can at least catch future 5 years trend, within the budget.
So, we purchasers, in the Key Stakeholders' Meeting, please challenge the user departments about technical demands -up to date!
Technical Decision and Commercial Decision
Suggest to separate the technical decisions from commercial decision.
Organize technical review internally first then externally with the targeted equipment manufacturers, encourage the user department to make their own decision.
Warranty, Training and Service
Longer warranty, on-site Training and Professional free services, along with software update in time, are as same important as the purchasing cost.
